The selling is pretty expected though, as a lot of people here have pointed out, the rapid rise always results in profit taking, and why not? The trend is your friend as they say.
An announcement wouldn't shock me though, because that has been the theme lately and resulting in some spectacular gains and a CR that is looking like a much less diluted one than originally.
It looks like around 60 - 70 million shares give or take will be issued, so thats not too bad (i can provide a rough calculation for that if anyone likes). But as per usual that will probably result in selling back down to the issue price and then a consolidation period.
Nothing wrong with any of that imo, i think it's all healthy for the long term.
CPH Price at posting:
23.5¢ Sentiment: Hold Disclosure: Held
